Katy Perry keeps her millions and legally gets back her name after divorcing Russell Brand

Katy Perry signs divorce papers with a smiley face… as Russell Brand agrees to walk away from her millions

Their marriage may have ended, but at least their divorce is amicable.

Katy Perry and Russell Brand have finally settled their issues and split their assets, with the singer keeping her substantially higher earnings.

According to TMZ.com, the pair have reached a 'comprehensive written settlement.'

And in court papers which have emerged, the singer has signed the legal documents ending with an upbeat 'smiley face.'

Everything is A-OK! Katy Perry gets to keep all of her money in her divorce from Russell Brand

Everything is A-OK! Katy Perry gets to keep all of her money in her divorce from Russell Brand

A happy face: The singer signed her divorce documents with a smiley face

A happy face: The singer signed her divorce documents with a smiley face

According to Forbes he is worth a relatively small 4million in comparison to the Firework singer's 28 million fortune.

The couple didn't sign a pre-nup, and as such the British comic was legally legally entitled to half of her earnings.

And had Brand made a claim, Perry stood to lose a significant amount of her assets.

However, the Forgetting Sarah Marshall star waived any claim to the money the Teenage Dream singer made during her marriage.

It's finally over: Katy Perry and Russell Brand have amicably settled their divorce

It's finally over: Katy Perry and Russell Brand have amicably settled their divorce

It's finally over: Katy Perry and Russell Brand have amicably settled their divorce

According to the documents filed yesterday at the Los Angeles Superior Court, Perry is now Katheryn Elizabeth Hudson once again.

The way the situation turned out must have made the singer ecstatic, given that she signed the paperwork with her trademark smiley face signature.

In addition to keeping her money and her identity, the agreement also covers distribution of their property.

Irreconcilable differences: The British comedian filed irreconcilable differences

Irreconcilable differences: The British comedian filed irreconcilable differences

That's a wrap! Though they filed their documentation yesterday, the divorce wont' take effect for six months

That's a wrap! Though they filed their documentation yesterday, the divorce wont' take effect for six months

Having it all: The 27-year-old singer gets to keep all the wealth she made during her marriage

Having it all: The 27-year-old singer gets to keep all the wealth she made during her marriage

A happy face: The singer signed her divorce documents with a smiley face

A happy face: The singer signed her divorce documents with a smiley face

Perry's papers say, and she asks that the court not be involved in awarding spousal support to Brand.

In
the paperwork filed by Brand, 36, he checked a box saying that both
parties 'agree this cause may be decided as an uncontested matter' and
says they have waived their rights to a trial.

The
couple tied the knot in October 2010 and were taking some time apart
with Brand blindsided his wife by filing for divorce in late December.

It's really over: The couple separated after a year of marriage

It's really over: The couple separated after a year of marriage

Dissolution of marriage: The legal term for 'it's over'

Dissolution of marriage: The legal term for 'it's over'

Signed sealed delivered: Katy Pery is officially Katheryn Elizabeth Hudson again

Signed sealed delivered: Katy Pery is officially Katheryn Elizabeth Hudson again

However, a few cryptic tweets posted
earlier in the week might give some indication that the comedian doesn't
have much to laugh about at the moment.

'We can't solve problems by using the
same kind of thinking we used when we created them' he wrote, citing a
quote by Albert Einstein. He added: 'What a twerp.'

A day earlier, he posted: 'They say ignorance is bliss, but how would they know'